Press Release Archives
June 02, 2003

Corporates with highest number of complaints pending

Given below are names of corporates with highest number of complaints pending against them for more than 2 months as on May 31, 2003

Sr. No Name of Corporate Number of complaints pending
1. Vatsa Corporations Ltd. 68
2. Mafatlal Finance Ltd. 16
3. Essar Oil Ltd. 12
4. Enkay Texofood Industries Ltd. 7
5. Pal Peugeot Ltd. 7
6. Panchmahal Cement Co. Ltd. 5
7. Patheja Forgings & Auto Parts Manufacturers Ltd. 3
8. Hamco Mining & Smelting Ltd. 2
9. Hindustan Lever Ltd. 2
10. Sterlite Industries (India) Ltd. 2


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Press reports regarding M/s. Infosys Technologies Ltd.

The press had reports that Infosys Technologies Ltd. has won a $60-m order from the US telecom service provider, SBC Communications. Also the company's $400-m sponsored ADR programme has been delayed at least till July.

The Exchange, in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.

Infosys Technologies Ltd. has vide its letter inter-alia stated, "We wish to state that we have not issued any press release or official communication in this regard and it is our policy not to comment on specific clients".

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Press reports regarding M/s. Indian Oil Corporation & Reliance Industries Ltd.

The press had reports that Indian Oil Corporation Limited is unlikely to renew its current agreement with Reliance Industries for lifting 25 per cent of Jamnagar refinery product for sale through its retail chain, beyond March 2004.

The Exchange, in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the companies.

Indian Oil Corporation Limited has vide its letter inter-alia stated, "We would like to state that the news item is speculative in nature and therefore we have no comments to offer."

Reply is awaited from Reliance Industries Limited.

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The Exchange has successfully completed its 817th Normal Settlement

The Exchange has successfully completed its 817th Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2003102 on June 02, 2003. The settlement statistics are as follows:

Particulars Values
   N - 2003102
Total traded quantity (lakhs) 3291.50
Total traded value (Rs. In Crores) 3596.74
Total value of the settlement (Securities) (Rs. In Crores) 852.42
Total value of the settlement (Funds) (Rs. In Crores) 306.20
Shortages for the settlement 0.49%
% of Delivery ( No. of shares delivered / No. of shares traded ) 27.88%


Retail Debt Market has completed its 91st settlement, details of which are as follows :

Settlement No. Traded Value Settlement Value
    Securities Funds
2003102 NIL NIL NIL


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